Mobile Home Insurance

What You Need to Know about Mobile Home Insurance

It’s important to secure adequate coverage for your mobile home to protect yourself in case disaster strikes. Your insurance policy can help pay for repairs or replacements if a storm or fire damages your house, and it also includes a liability portion to protect your assets from lawsuits. Our insurance specialists can help you find a customized policy for your manufactured home.

Manufactured Home Insurance or HO-7 Policies

Manufactured or mobile homes can’t be covered with a traditional homeowner’s insurance policy. You may also hear mobile home insurance referred to as an HO-3 policy. Here are some examples of the homes we would cover with an HO-7 policy instead of traditional homeowner’s insurance:

  • Single-wide manufactured or mobile homes
  • Double-wide manufactured or mobile homes
  • Trailers, travel trailers, and fifth-wheel trailers
  • Sectional and modular homes
  • Park model homes and RVs

It can be more difficult to insure manufactured homes, and many insurance companies won’t provide policies for them. In the past, manufactured homes weren’t built to the same standards as regular homes. They were typically less resistant to damage from wind and fire, making them most costly to insure. Our insurance specialists work with many insurance carriers to help you find the best manufactured home insurance policy for you.

Mobile Home Insurance Coverage

Mobile and modular home insurance typically covers many of the same perils as a traditional homeowner’s insurance policy. For example, your HO-7 policy will include:

  • Damage caused by wind, hail, snow, ice, and lighting
  • Fire and smoke damage
  • Electrical damage
  • Theft and vandalism
  • Water damage 

Your insurance policy will cover your dwelling, which is the main structure of your home. We recommend insuring your home for the actual replacement value to ensure it can be repaired or rebuilt. Your policy also includes your personal belongings in case they’re damaged or lost because of a covered incident.

Other coverage areas include reimbursements for alternate housing if your home becomes uninhabitable, personal liability, and medical payments if a visitor is hurt inside your home.

What Isn’t Covered Under Mobile Home Insurance

Just as with homeowner’s insurance, your mobile home policy doesn’t cover everything. For example, unless you purchase separate insurance or a rider, your policy does not include hurricanes, earthquakes, and flooding as covered events. Damage caused by mold or pets is also not included in your policy. However, if you have a dog, we highly recommend adding the animal to your liability coverage to protect your financial assets if the dog bites someone or destroys someone else’s property. 

HO-7 insurance policy considerations

Even if you own your manufactured home, a mobile home insurance policy can protect your asset if something happens. You may also want to include additional insurance protection for any valuables you own, such as jewelry, artwork, or collectibles. Most insurance policies cap coverage for electronics and valuables, which is why you need separate coverage for high-value items.

FAQs about Mobile Home Insurance

How Much Coverage Should I Get on My Mobile Home?
We recommend getting enough coverage to ensure you can rebuild your home if necessary. This ideal policy amount might be significantly higher than the value of your home, because the cost of material and labor has increased. If you’re not sure, we’re happy to help you determine how much coverage you need.

What’s the Difference between Modular and Manufactured Home Insurance?
Modular homes can sometimes be insured with a standard homeowner’s insurance policy. It depends on the construction of the home. Manufactured and mobile homes need special policies because they’re not built in place with a foundation, making them movable and more susceptible to damage.

Why Are Manufactured Homes Harder to Insure?
Manufactured homes lose value, unlike site-built homes. Since they’re movable and often constructed to lower standards than regular homes, they can be less resistant to damage from fire and wind. In many cases, mobile home insurance doesn’t include any land or property, further lowering the overall value. Despite these challenges, we can help you find a customized insurance policy to cover your manufactured home.

Talk to Us about Your Mobile Home Insurance Needs

Our insurance agents specialize in finding home insurance for manufactured, mobile, and modular homes. We can create a personalized policy that fits your needs, keeping your home, your belongings, and your valuables safe. Call us today for all your mobile home insurance needs. 

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